News Flash
Baltic index extends rally on higher capesize rates
Categories: News Flash
Date: Nov 29, 2023
The Baltic Exchange’s dry bulk sea freight index rose on Tuesday for the fourth consecutive sessi...
Korean shipbuilders seek overseas yards for surging orders
Categories: News Flash
Date: Nov 28, 2023
South Korean shipbuilders are seeking overseas production bases through mergers and acquisitions to...
Asia Fuel Oil-VLSFO softens; China issues more fuel oil import quotas
Categories: News Flash
Date: Nov 28, 2023
Asia’s very low sulphur fuel oil (VLSFO) market weakened further on Monday, while China has issue...
Dual-Fuel Methanol MAN 175D Announced: Newbuild and retrofit variants planned for 2026
Categories: News Flash
Date: Nov 28, 2023
MAN Energy Solutions has announced that a dual-fuel version of its MAN 175D high-speed engine, capa...
Russia’s Black Sea oil exports from Novorossiisk delayed
Categories: News Flash
Date: Nov 28, 2023
Russia’s oil and products exports from the Novorossiisk Black Sea terminal have been severely res...
China says boosts iron ore concentrate capacity to secure supplies
Categories: News Flash
Date: Nov 28, 2023
China has added 50 million metric tons of iron ore concentrate capacity from 2022, state media quo...
Dachser Streamlines Ocean Shipment Booking with Integration Between Hapag-Lloyd Spot Rates and Descartes Rate Management Solution
Categories: News Flash
Date: Nov 28, 2023
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, a...
Singapore iron ore eases after China intensifies intervention
Categories: News Flash
Date: Nov 28, 2023
Singapore iron ore futures retreated on Monday as caution mounted after the world’s top consumer ...
China’s central bank pledges to support domestic demand
Categories: News Flash
Date: Nov 28, 2023
China’s central bank on Monday said it would fend off systemic risks to the economy and use force...
IEC Telecom introduces OptiShield advanced cybersecurity solution for vessels
Categories: News Flash
Date: Nov 28, 2023
In an era of heightened cyber awareness by vessels, leading international satellite service operato...
Baltic index scales 1 and 1/2-year peak on robust demand for bigger ships
Categories: News Flash
Date: Nov 28, 2023
The Baltic Exchange’s dry bulk sea freight index rose on Monday for the third consecutive session...
Dry Bulk Market: Capesizes Record Third Weekly Gain
Categories: News Flash
Date: Nov 27, 2023
Capesize For the first half of the week, the market faced subdued activity, particularly in the ...
Q3’23 Carbon emission carrier ranking | US West Coast to Far East
Categories: News Flash
Date: Nov 27, 2023
We are back with the latest edition of the Xeneta and Marine Benchmark Carbon Emission Index (CEI)...
What to expect in 2024 – 5 trends in freight forwarding
Categories: News Flash
Date: Nov 27, 2023
The world of freight forwarding is constantly evolving, driven by global economic shifts, technolog...
Israeli-linked chemical tanker seized in Gulf of Aden -US official, vessel company.
Categories: News Flash
Date: Nov 27, 2023
Unidentified armed individuals have seized a tanker carrying a cargo of phosphoric acid in the Gulf...
Understanding of fuel life cycle assessment terminology – glossary launched
Categories: News Flash
Date: Nov 27, 2023
A new simplified glossary that supports the industry to gain a better understanding of the terminol...
Partnership Funding Supports Development of Safer Waves
Categories: News Flash
Date: Nov 27, 2023
On the International Day for Elimination of Violence Against Women The Seafarers’ Charity, UK P&a...
Drewry: LNG Shipping Equity Index Down 7.5% This Year
Categories: News Flash
Date: Nov 27, 2023
The Drewry LNG Shipping Equity Index declined 7.5% YTD (as of 16 November 2023), underperforming th...
Three major Greek shipping companies stop transporting Russian oil.
Categories: News Flash
Date: Nov 27, 2023
Three major Greek shipping firms – Minerva Marine, Thenamaris and TMS Tankers – have stopped tr...
China’s weekly export container shipping index up
Categories: News Flash
Date: Nov 27, 2023
China’s export container shipping index increased in the week ending Nov. 24, according to the Sh...
Panama canal announces special auction slot starting Saturday
Categories: News Flash
Date: Nov 27, 2023
The Panama Canal, one of the world’s main maritime trade routes, announced on Friday it is launch...
Steerprop To Supply Arctic Bow Thrusters For Canada’s New Polar Icebreaker
Categories: News Flash
Date: Nov 24, 2023
Steerprop, a leading designer and manufacturer of high-performance propulsion systems, has been cho...
GLO Marine Appoints Charles Day as Business Development Director
Categories: News Flash
Date: Nov 24, 2023
GLO Marine, a rapidly expanding player in maritime retrofit solutions, strengthens its leadership t...
Coal imports to India in October 2023 reached highest levels in nearly a year and a half.
Categories: News Flash
Date: Nov 24, 2023
In October, coal imports to India reached 13.8 mt in October 2023, according to Oceanbolt, a Veson ...
Coal shipments to advanced economies down 17% so far in 2023
Categories: News Flash
Date: Nov 24, 2023
In the first ten months of 2023, coal shipments to advanced economies fell by 17% y/y, as demand f...
Panama Canal proposes long-term solutions to improve drought issues as low water levels remain.
Categories: News Flash
Date: Nov 24, 2023
As low water levels limit movement across the Panama Canal, a potential solution is in the works to...
ENGINE: Americas Bunker Fuel Availability Outlook
Categories: News Flash
Date: Nov 24, 2023
North America Houston’s demand for bunker fuel has decreased this week after a spike in demand...
Wellbeing and welfare boost for Indian maritime cadets
Categories: News Flash
Date: Nov 24, 2023
Thousands of cadets and trainees in India will benefit from in-depth wellness training and support ...
Wärtsilä to retrofit ten Hafnia tankers for improved propulsion efficiency.
Categories: News Flash
Date: Nov 24, 2023
Technology group Wärtsilä will supply its EnergoFlow and EnergoProFin solutions for ten Bird Clas...
Asia Fuel Oil-VLSFO extends fall; Singapore stockpiles rise.
Categories: News Flash
Date: Nov 24, 2023
Asia’s very low sulphur fuel oil (VLSFO) market slipped further on Thursday, while inventories a...
Baltic index snaps 3-day losing streak as shipping rates rise.
Categories: News Flash
Date: Nov 24, 2023
The Baltic Exchange’s main sea freight index snapped its three session losing streak on Thursday,...
Europe & Africa Fuel Availability Outlook
Categories: News Flash
Date: Nov 23, 2023
Northwest Europe Prompt supply of HSFO is said to be tight in the ARA bunkering hub, requiring l...